Final statistics for the 2015 fiscal year, which runs from April 1, 2015, to March 31, 2016, won’t be available until May, but the industry appears to be on par to match or surpass last year’s $2 billion in production spending. Creative BC, which oversees the industry, processed a record 287 tax credit applications in 2014-15.
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As someone interested in, and vaguely in the know about film production, this article comes as both a surprise and as something long-awaited. Films are always seeking the next tax haven in a beautiful, cheap place, and British Columbia, as much as it is (basically) the antithesis of Hollywood, fits all of those criteria. As the article points out, the Canadian dollar is not in tip-top shape, and tax credits are as available as they are anywhere else, making B.C attractive in that respect. (On short note, as long as we're talking attractiveness, B.C has few rivals there as well.) On another, even more practical note, B.C also has the technology and man power to produce a number of films and T.V shows, of widely varying degree, from the smallest indie short to a summer blockbuster or long-running television series. In short, this article simply describes the perfect labor/cost/aesthetic trifecta experienced by various places around the world, this time blessing B.C. To those who work and live there I say good luck.
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